Principle :Any contract made for an unlawful consideration is void in ...
In the present case, the contract is void as the consideration of the same i.e. murdering of Preity is unlawful. No obligations arise out of a void contract.
Section 24 of The Indian Contract Act, 1872 states that a contract whose object or consideration is unlawful is void.
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Principle :Any contract made for an unlawful consideration is void in ...
Since consideration of above stated contact is unlawful (murdering anyone) .therefore the contract is void
option A is correct
Principle :Any contract made for an unlawful consideration is void in ...
Answer:
Principle: Any contract made for an unlawful consideration is void in law.
Facts: Gagan enters into a contract with Nikhil to murder his wife, Preity for a sum of Rs. 5 lakhs. Gagan agrees to pay the amount to Nikhil in return for the murder.
Explanation:
The given scenario involves a contract where Gagan has hired Nikhil to murder his wife, Preity, in exchange for a payment of Rs. 5 lakhs. However, this contract is clearly against the law and public policy, as it involves an illegal act of taking someone's life.
Void Contract:
- According to the principle, any contract made for an unlawful consideration is void in law.
- In this case, the consideration for the contract is the murder of Preity, which is clearly an unlawful act.
- Therefore, the contract between Gagan and Nikhil is void.
Consequences of Void Contract:
- A void contract is not enforceable by law, and it cannot create any legal rights or obligations between the parties.
- Since the contract is void, neither Gagan nor Nikhil can legally enforce its terms.
- Gagan cannot compel Nikhil to perform the act of murdering Preity, and Nikhil cannot demand the payment of Rs. 5 lakhs from Gagan.
Conclusion:
Based on the principle and the given facts, it can be concluded that the contract between Gagan and Nikhil is void due to an unlawful consideration. Therefore, option 'A' is the correct answer.